BND 0.00% 8.4¢ bandanna energy limited

desperate sellers ain't winners, page-9

  1. 321 Posts.
    The way I read the statement, L1 Capital paid $21.124m for 28.140m shares from the 2/2/12 to 10/4/12.
    Firstly, they didn't muck around becoming a substanial holder within 9 weeks so that is a very positive sign for us commoners. Secondly, at the price and numbers bought equates to $0.75/share, (with a possible $1 profit/share in near future????), which is 6c negative from yesterdays trades.
    Present price bash might be manipulation by others and more big fellas coming onboard,

    Abalone
 
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